Set the RIGHT price for your stations

Net Margin subtracts fuel card fees from the gross margin. EdgePetrol sees which card is used via the PoS and subtracts the cost of accepting that card for that particular transaction from the margin. 

This is particularly important for sites that accept a lot of cards, as gross margin can offer a false sense of security before that fuel card bill comes in at the end of the month.

Gross margin is available at individual grade level, site level and portfolio level.

Net Margin subtracts card fees from the gross margin. EdgePetrol sees which card is used via the PoS and subtracts the cost of accepting that card for that particular transaction from the margin. 

This is particularly important for sites that accept a lot of cards or have cash/credit pricing, as gross margin can offer a false sense of security before that card bill comes in at the end of the month.

Gross margin is available at individual grade level, site level and portfolio level.

EdgePetrol connects to your Point of Sale to receive transactions in real time. Each of these transactions contains the amount of the grade sold, as well as the selling price. EdgePetrol tallies these transactions throughout the day, allowing you to see how each grade is performing by sales, average fill up, and number of transactions. You can also see how much fuel card and bunkering (if you have it) volume the site is doing today.

EdgePetrol also provides an indicator at both site and grade level comparing today’s performance to that of the previous six weeks, so you know whether or not you need to make a change.

If you’re happy to share your pole sign price with other Edge users, you will also receive theirs! This will show up in your competitor pricing widget with an ‘E’ symbol, indicating that this price is live directly from your competitor’s point of sale.

Of course, EdgePetrol doesn’t have every site (yet), so we also partner up with Experian Catalist and similar companies that provide pricing data to the retail fuel market. These tools connect directly into EdgePetrol and the app will display the source of these prices and when they were last received.

EdgePetrol also allows you or your Station Manager to edit your prices. Station Managers can receive a restricted view of EdgePetrol where they can input the competitors price directly into the app without seeing any of the volume or margin data (unless you want them to).

Simply put, gross profit is the difference between your total fuel sales minus the cost of fuel sold. Net profit is gross profit minus the charges incurred by fuel cards. Business profit is net profit plus bunkering commission (if relevant).

EdgePetrol can connect directly to your wetstock management system, if you have one. We can also receive dips directly from your Point of Sale, if you don’t.

In order to show you the estimated time till your fuel tanks become empty we run a three step process in the background.

Firstly we make use of the historical sales for each of your tanks to understand their normal behaviour. We then apply a statistical model to forecast the sales of each tank for the upcoming 14 days. This is done on a daily basis so that the model always has the latest data and is able to adapt to any recent changes. 

After that, by using the latest dips of your tanks and all the transactions since the dip was taken we calculate the current volume of fuel left in your tank.

The last step is to calculate how many days the fuel in your tanks will last until they run dry. This is done by taking the current level of the tank and then subtracting our forecasted volumes until we get to 0 or negative volume.

Yes. EdgePetrol is accessible from any device.